GBP/USD Remains Subject To Weakness

Last Friday that British Pound managed to rebound against the US Dollar, completely erasing the preceding day's losses. Nevertheless, the Cable remains within the borders of a falling wedge pattern, thus, more bearish momentum is likely to come. A tough resistance cluster is weighing of the GBP/USD pair today, namely

Useful Searches

Disclaimer - Forex, futures, stock, and options trading is not appropriate for everyone. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the information contained on this site will generate profits or ensure freedom from losses.